India Industrial Production Rises Most in 2 Years

2026-01-28 10:44 By Andre Joaquim 1 min. read

The industrial production in India rose by 7.9% from the previous year in December of 2025, picking up from the upwardly revised 7.2% advance in the earlier month and above market expectations of a 5.5% rise to mark the sharpest pace of growth since October of 2023.

The robust growth pace pushed back against concerns that aggressive tariff hikes by the US government would drive a sustained slowdown in the Indian economy, especially as goods producers are likely paying for more expensive fuel after the US tariffed major Russian oil producers and distributors.

Output remained high for manufacturing (8.1% vs 8.5% in November), which is responsible for over 77% of total industrial production.

Output also expanded for mining (6.8% vs 5.8%) and electricity generation (6.3% vs -1.5%).



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